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Post by High Priestess on Sept 20, 2015 23:12:30 GMT
Peter6 months ago Airbnb Pushes Up Apartment Rents Slightly, Study Says "Now new research, commissioned by the company from an academic at University of British Columbia, shows that Airbnb pushes up rents slightly in some major cities across the country. In New York City, for example, Thomas Davidoff, an assistant professor at the Sauder School of Business, found that Airbnb increases the price of a one-bedroom unit by about $6 a month. In San Francisco, he found that it increases rents by on average about $19" per month. Click here for WSJ article. My two cents: Home sharing opponent group Share Better makes the obvious point questioning the study that because it is funded by Airbnb, even though it was conducted by an independent academic. It goes on to draw an opposite conclusion without any evidence to back it up.
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